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Greek Prime Minister Kyriakos Mitsotakis saluting supporters

Panayotis Tzamaros via Reuters Connect

Greece will soon head to the polls again

Greece will head into another general election later this month, as all three top finishers in last Sunday’s vote have now rejected coalition talks.
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Supporters of Greek opposition leader of Syriza party attend a pre-election speech in Athens

Greece’s “lost generation” election

This Sunday, Greeks head to the polls for the country’s most tightly contested election in recent memory.

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Thousands gathered at the Place de la Concorde to denounce the government’s use of a constitutional loophole to pass the pension reform, raising the retirement age without a vote in the National Assembly.

Marie Magnin/Hans Lucas via Reuters Connect

What We’re Watching: France’s fiery response, Poland’s first big step, Israeli president’s “civil war” warning

Macron bypasses the legislature on pension reform

French President Emmanuel Macron on Thursday made the risky call to bypass the National Assembly, France’s powerful lower house, and push through a very unpopular pension reform scheme.

As expected, protesters responded with anger. More than 300 people were arrested overnight, and on Friday morning demonstrators halted production at a fuel refinery and briefly blocked traffic on a highway outside Paris.

(A brief recap on the proposal that’s sent France into a tailspin: Macron’s government wants to incrementally raise the national retirement age by two years to 64 by 2030. Starting from 2027, workers will need to have worked for 43 years, up from 41, to access a full pension.)

Why’s he doing this? Macron has long said that France's public spending, 14% of which goes toward its pension scheme – the highest of any OECD country after Greece and Italy – is crucial to addressing its growing debt-to-GDP ratio. But this approach is very unpopular in France, where retirement is sacred and government interference is abhorred.

Fearing he wouldn’t have the votes in the lower chamber, Macron triggered a constitutional loophole to get the bill through (it had already passed in the upper chamber). But by taking this route – which his political opponents say renders the bill illegitimate, though it is legal – Macron now opens himself up to serious political blowback.

On Friday, a group of opposition centrist lawmakers — backed by the far-left NUPES coalition — filed a no-confidence vote against the government, while far-right leader Marine Le Pen announced she'll table her own. But any vote would need to pass by an absolute majority to topple the government – meaning PM Élisabeth Borne and the cabinet, not the president. Still, that’s very unlikely to happen, analysts say.

But Macron, who cannot run again after 2027 due to term limits, is not out of the woods. Unions have vowed to make the government pay, and prolonged strikes are expected. Meanwhile, far-left and far-right factions say they’ll intensify efforts to topple the French government.

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A central processing unit (CPU) semiconductor chip is displayed among flags of China and U.S., February 17, 2023.

REUTERS/Florence Lo

What We're Watching: US-China tech race, Ukraine-Russia confusion, Greek train politics, world's most populous "country"

Who's winning the US-China tech race?

China is now ahead of the US in 37 out of 44 types of advanced technology, according to a new report by the Australian Strategic Policy Institute. These include artificial intelligence, quantum computing, and robotics — all key to winning the race to dominate global tech. Beijing is finally reaping the benefits of decades and vast sums of money invested in scientific research, a priority for Xi Jinping. So, can China declare victory? Not so fast. The study points out that it’s not easy to turn cutting-edge research milestones into manufacturing prowess. In other words, the Chinese might have acquired the technology to make the most advanced quantum computers in the world, but the country still lacks the capacity to mass-produce them at the same quality standards as less powerful American-made models (this applies, for instance, to semiconductors). For now, at least, China is not yet eating America's tech lunch.

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Destroyed train carriages are seen at the site of a crash, where two trains collided, near the city of Larissa, Greece, March 1, 2023.

REUTERS/Alexandros Avramidis

Hard Numbers: Greek train crash, US attaches strings to chip cash, Serbia and Kosovo outline peace, camel copies for sale

43: At least 43 people are dead after a passenger train carrying people from Athens, Greece, to the northern city of Thessaloniki collided head-on with a freight train. A provincial stationmaster has already been arrested as part of the initial investigation. Greek rail unions have long complained about staffing shortfalls and outdated equipment.

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Greece & other EU countries rush to help Turkey after quake | Europe In :60 | GZERO Media

Greece and other EU countries rush to help Turkey after quake

Carl Bildt, former prime minister of Sweden, shares his perspective on European politics.

What's been the European reaction to the catastrophe in Turkey?

Well, it has been overwhelming, you see in all of the European countries mobilizing whatever resources they have in order to rush to the disaster area and try to help. Most notably, of course, Greece was very early, also with military resources in view of the tension between the two countries. Armenia is also there. Everyone is there. And I think the European Union Swedish presidency will organize a donor conference in order to get additional money within the next few weeks. It's a catastrophe for all of Europe. Everyone wants to help.

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A Russian soldier patrols the Russian-controlled Zaporizhzhia nuclear plant in Ukraine.

EYEPRESS via Reuters Connect

Hard Numbers: Ukraine nuclear inspection, US Navy near Taiwan, Libya on the brink, Greece-Turkey air dispute

14: A team of 14 international inspectors — none of them from the UK or the US — got Russian clearance to visit the Zaporizhzhia nuclear power plant in Ukraine, Europe's largest. Heavy shelling near the site briefly disconnected the facility from the grid on Friday, raising fears of a major accident in a country still haunted by the memory of Chernobyl.

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An apartment building damaged during Ukraine-Russia conflict in the southern port city of Mariupol.

REUTERS/Alexander Ermochenko

Hard Numbers: Greece vs Russia at ICC, US-bound Cubans at Mexico border, unique Ghanian town, Shell’s Russia pain

100,000: Greece is set to ask the International Criminal Court to investigate alleged Russian war crimes in the southern Ukrainian city of Mariupol. Athens has an interest in leading the charge at the tribunal because Mariupol was home to 100,000 ethnic Greeks before the war, accounting for around one quarter of the population.

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